HI Russ,If the min down payment is 20% down then like Jerry mentions you may want to use conventional financing if time for your close of escrow is flexible since private money provides less favorable terms than conventional bank financing.Private however can be quicker to fund 3-7 days depending on your source which will allow you to be more competitive.However you did mention "3 houses on 1 lot," if its zoned legally for 1 unit/SFR then you'll probably have to use private financing.Personally I wouldnt do that deal unless I know I have a conditional use permit for the 3 structures or a reasonable chance at getting it rezoned to 3 units.

Hello,My name is Russ Grassa.  

I appreciate the referrals Russ, i'll use this when I start making calls.

Eventually would like to be a cash buyer of rentals.Thanks again,Russ

Again, welcome and good luck with your investments.Hey @Russ Scheider How are the REIA Thursday meetings?

Thanks,Russ

Russ, the organizer of the group, is a house flipper in lancaster.Carpoa, local REI group of Camp hill (I am also the President) is the first Thursday of each month on second floor of the camp hill Giant.  

If all they are doing is up-selling you....Reminds me of a Russ Whitney 'free' seminar I attended in Spokane about 7 years ago.  

I was about to go to one of those Seminars but, just as I turned on my computer; Russ Whitney, and Jason Lucchesi, and a number of other Real Estate Guru messages hit my Computer.  

I was first exposed to real estate investing in the late 1990s and early 2000s by my father who was one of the REI trainers/mentors for Russ Whitney's company.